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Texas Department of Insurance
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There is no longer a fee charged for certificates of deposit, statutory deposits, or deposit substitutions/withdrawals or amendments. If you need a certificate of deposit, fill out Company Licensing Fee Transmittal Form (FIN321). In the “Explanation, certificate delivery email…” box tell us where to email the certificate. After receipt you can print as many hard copies as needed.

Statutory Deposit Requirements

For a company to become licensed in Texas they must either place a deposit with the Texas Department of Insurance (department) or show proof of a deposit in another state, pursuant to the appropriate section or article of the Texas Insurance Code (TIC). Although some companies are not required by statute to place a deposit or show proof of a deposit in another state, the department reserves the right to require a deposit pursuant to TIC §406.003. A Texas domestic insurance company may also place a voluntary deposit, pursuant to TIC §481.003, to satisfy the requirements of another state.

Acceptable Securities:

To meet capital and surplus requirements, a company may submit securities of the kind described in TIC §424.058. The security must be listed with the Securities Valuation Office (SVO) of the National Association of Insurance Commissioners (NAIC) with a rating of 1 or 2; or have a rating equivalent to the SVO rating of 1 or 2 by a statistical rating organization nationally recognized by the SVO (i.e., Moody’s, S&P, Fitch, and DBRS). A Bloomberg screen-print will be accepted if the security is not listed on the SVO. The security must be at market value. Please refer to the Securities Valuation Office for more information.

Company Type:


  • Establishing Securities on Deposit
  • Substituting Securities on Deposit
  • Withdrawing Securities on Deposit
  • Name Change

Certificates of Deposit and Deposit Verifications:

The Statutory Deposit Team processes requests for Verification of Deposits and UCAA Certificate of Deposit (Form 7). All requests must be submitted with the Company Licensing Fee Transmittal Form (FIN321). Please include the name of the company, the type of document being requested and where you would like the document(s) emailed. 

Submit all requests by email to

Additional Resources:

Return forms via email to

If you have any questions, contact the Statutory Deposit staff at (512)676-6365 or

For more information, contact:

Last updated: 2/18/2022